US equity futures are indicating a higher open as of 05:00 ET. European stocks moving higher Tuesday with cyclicals leading the advance. This follows a positive session in Asia with Hang Seng leading in China with big tech outperforming. Bullish sentiment has been chalked up to improving China Covid trends, oversold conditions and positioning indicators still flagged as contrarian buy signals.
Companies Mentioned: Twitter (NYSE:TWTR), Lordstown Motors